How much have the characteristics of new single-family homes changed since completions peaked in 2006? Although there are fewer new single-family homes being completed, those coming on the market are bigger than ever.
Number: 569,000 new single-family homes were completed in 2013, only about one-third of the 1,654,000 completions in 2006. But the 2013 number was one-third higher than the all-time low of 447,000 reached in 2011.
Size: The size of new single-family homes completed reached a record high in 2013—a median of 2,384 square feet. That's 136 square feet larger than the 2,248 of 2006.
Bathrooms: 33 percent of new single-family homes completed in 2013 had three or more bathrooms, up from 26 percent in 2006.
Bedrooms: 44 percent of new single-family homes completed in 2013 had four or more bedrooms, up from 39 percent in 2006.
Garages: The 64 percent majority of new single-family homes completed in 2013 had a two-car garage and another 21 percent had a three-or-more car garage. The figures were 64 and 19 percent, respectively, in 2006.
Source: Census Bureau, Characteristics of New Single-Family Houses Completed
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